Proposed changes to interest deductibility rules may be welcomed by taxpayers

Proposed changes to interest deductibility rules may be welcomed by taxpayers

The Ministry of Finance has proposed amendments to address issues regarding interest deductibility and transfer pricing.
Vietnam’s stand-out tax outlook

Vietnam’s stand-out tax outlook

Vietnam’s tax environment stands out with high morale, trust in authorities, and a strong commitment to national development, which make it a magnet for foreign investors seeking predictability.
Hanoi Tax Department pilots AI-powered virtual assistant

Hanoi Tax Department pilots AI-powered virtual assistant

A virtual assistant designed to provide round-the-clock support for taxpayers has been officially launched and is now being piloted by the Hanoi Tax Department.
KPMG institute events in full swing

KPMG institute events in full swing

KPMG's Tax and Legal Institute event on November 6 in Ho Chi Minh City attracted up to 1,500 business representatives nationwide.
Calls made to avoid “unfair” tax methods

Calls made to avoid “unfair” tax methods

Vietnam’s legislature is closer to discussing an excise tax on beverages, which could drastically affect beers and spirits businesses depending on what direction is taken.
Beverage tax is not be-all and end-all for obesity problems

Beverage tax is not be-all and end-all for obesity problems

International experiences hint that applying an excise tax on sugary beverages is not an effective measure in controlling and reducing the rate of overweight, obesity, and non-communicable diseases.
Government considering tax on multiple properties

Government considering tax on multiple properties

The Ministry of Finance is reviewing a proposal to impose taxes on owners of multiple properties as part of an effort to curb real-estate speculation.
New proposal requires e-commerce platforms to pay taxes of sellers

New proposal requires e-commerce platforms to pay taxes of sellers

A proposed revision to the tax law would obligate e-commerce platforms to declare and pay taxes on behalf of sellers.
Hybrid vehicles enter SCT overhaul debate

Hybrid vehicles enter SCT overhaul debate

Building policies on a tax for hybrid vehicles are being considered – however, some say that not all types of hybrid vehicles are worthy of support.
Tobacco and aircon units lead excise tax discussions

Tobacco and aircon units lead excise tax discussions

While there is some agreement with the Ministry of Finance’s excise tax hike on tobacco to protect public health, there is debate about whether a tax on air conditioning products needs to be restricted.
Tax hikes to fight tobacco’s harmful effects

Tax hikes to fight tobacco’s harmful effects

Recommendations have been made for Vietnam to increase taxes on tobacco amid rising risks to health caused by the addictive leaves.
Phased tax hikes crucial for sustaining business operations

Phased tax hikes crucial for sustaining business operations

Proposed tax increases on some beverages have raised concerns, particularly given the ongoing challenges faced by the beverage industry in particular.
VIR holds conference themed “Tax Amendments to Promote Business Activities”

VIR holds conference themed “Tax Amendments to Promote Business Activities”

VIR will hold a conference themed “Tax Amendments to Promote Business Activities” from 8:30 am on August 14.
Conflicts apparent regarding proposed consumption tax

Conflicts apparent regarding proposed consumption tax

Beverage industry leaders continue to put across their views on the potential increase in special consumption tax on various beverages.
Smaller businesses in line for tax reduction policy

Smaller businesses in line for tax reduction policy

Micro, small, and medium-sized enterprises being supported with tax reduction or exemption in the draft Law on Corporate Income Tax will contribute to accelerating the development of Vietnamese businesses.
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